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Updated about 1 year ago on . Most recent reply
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Section 8 Real Estate Investing
Hi all, I am looking to buy some properties out of state for cash flow. Any city recs? I was looking into Cleveland, I have some properties that caught me eye in the 80-100k range.. I wanted to pick up a few and rent them to section 8. I just wanted to know, how is the rental market? How fast will section 8 tenants apply? Is there demand? Or too saturated?
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I have a few section 8 in my Metro Detroit Portfolio. Great Price/Rent ratios (technically #1 in the country...just saying lol) For real though, it has a very strong rental demand, low price to entry, plenty of jobs....and did I mention low price to entry? Just can't beat the cash flow.
$100k a year off 16 properties. Started buying 2019. Here is my portfolio for proof....
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- Joe Hammel
- [email protected]
- 330.844.5209
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